He Flew Too Close to the Sun and Melted, Obazee Sacked

Muhammadu Buhari
  •  Buhari orders re-constitution of FRCN board
  • Suspends controversial governance code that ousted Adeboye and sets term limit for Sultan as leader of Moslems

Tobi Soniyi and James Emejo in Abuja and Obinna Chima in Lagos

It was a Tsunami of sort at the Financial Reporting Council of Nigeria (FRCN) monday as President Muhammadu Buhari removed and replaced its Executive Secretary, Mr. Jim Obazee. The president also ordered the reconstitution of the council’s board that had been in abeyance.

Although the president’s Senior Special Assistant on Media and Publicity, Garba Shehu, who announced the council’s leadership change did not give reasons for the presidential action, THISDAY checks yesterday pointed at the council’s implementation of the National Code of Corporate Governance for Not-for-Profit Organisations, which led to the stepping down of the General Overseer of the Redeemed Christian Church of God, Enoch Adeboye, as head of the church in Nigeria, last weekend as the possible reason.

By setting term limit for heads of Not-for-Profit Organisations, including religious bodies, observers said yesterday, that it was a matter of time before the code would be extended to other faith leaders like the Sultan of Sokoto, Alhaji Sa’ad Abubakar, who would have stepped down in 2026 as the President-General of Nigerian Supreme Council for Islamic Affairs, having mounted the saddle of leadership in 2006.

This way, Thisday sources said, Obazee, whose agency was also used by the Goodluck Jonathan administration to suspend and remove former Governor of Central Bank of Nigeria, Mr. Sanusi Lamido Sanusi, now Emir of Kano, overreached himself.
Unknown to many people, Obazee had the ambition of becoming the governor of the CBN, a position he was said to have lobbied for after the removal of Lamido. Sources said not even the appointment of Godwin Emefiele as the apex bank helmsman dampened his vaulting ambition as he was said to have gone to the extent of procuring negative reports to undermine the incumbent governor, hoping to benefit from Emefiele’s ouster.

Sources at the Ministry of Industry, Trade and Investment, which supervises the FRCN, however, told THISDAY that Obazee’s intransigence and defiance of the minister, Dr. Okechukwu Enelamah’s, directive that the council soft-pedaled over the implementation of the code, which had attracted criticisms and widespread opposition from not just NFPOs but also corporate bodies, did him in.
On the heels of the executive secretary’s sack came the suspension of the controversial code by the federal government monday.

Shehu in a terse statement said the president had appointed a new chairman and a new executive secretary for the council.
The new chairman, according to him, is Mr Adedotun Sulaiman, MFR, a former Managing Partner/Director of Arthur Anderson and later, Accenture. He is a Chartered Accountant and a product of the University of Lagos and Harvard Business School.

In place of Obazee, the president appointed Mr. Daniel Asapokhai as the new Executive Secretary of the Council. He is a partner and a financial reporting specialist at the PricewaterHouseCoopers (PWC), Nigeria. He is a product of the University of Lagos and the University of Pretoria.
Shehu said the president had also instructed the Minister of Industry, Trade, and Investment to invite the 19 ministries, departments and agencies of the federal government and private sector organizations specified in the FRC Act to nominate members of the board of the council.
Since the Council initiated the unified National Code of Corporate Governance (NCCG) in 2013, the policy had been enmeshed in controversy, whereby some private sector operators dragged the FRCN to court.

A Federal High Court had in 2015 granted an interim injunction against the FRCN, which led to the postponement of the public hearing of May 19, 2015.
Thereafter, the Court struck out the case for lack of locus standi by the claimant and vacated the injunction.

Following a court ruling in its favour last year, the Council in October 2016 released the NCCG for Private Sector as well as Not-for-Profit Organisations, and deferred the Code for Public Sector.
While the commencement date of the Code was October 17, 2016, the federal government had suspended its enforcement barely three weeks after commencement.

The federal government perceived the Code as being capable of disrupting the management of companies and with the potential of increasing the cost of doing business in Nigeria. Thus, the federal government suspended the enforcement of the Code barely three weeks after its commencement, a decision which was lauded by some investors and shareholders’ groups.

But the Council, which said it derives its powers to enforce corporate governance from Section 50 of the FRC Act, 2011, which among other things requires the directorate of Corporate Governance to develop the principles and practices of Corporate Governance applicable in Nigeria, went ahead with the implementation.

Following Obazee’s intransigence and insistence on implementing the code, Enelamah was said to have queried him sometime in September last year, asking him to explain why he should not be disciplined for acting contrary to the policy of the federal government on the implementation of the code.

His response, which justified the FRCN position was said to have enraged the minister who bided his time, waiting for his chance to deal with his recalcitrant staff.
Enelamah’s chance came last weekend when the enforcement of the Code led to the stepping down of Adeboye and the attendant controversy. The development has continued to attract a lot of debate among Nigerians, especially on all the social media platforms.

Adeboye, it was gathered referred to the corporate governance code as he announced his decision to give up his position.
A source at the FRCN told THISDAY yesterday that the Vice President, Prof. Yemi Osinbajo, as well as Enelamah, who are both pastors in the RCCG, were irked by the enforcement of the FRCN’s code.

Obazee is also a Pastor at the RCCG.

Attempt to reach Obazee proved abortive as his phone was switched off. When contacted, his media consultant, Mr. Mark Ogbomosa, declined to comment.
Meanwhile, the Minister of Industry, Trade and Investment, yesterday said the federal government had suspended the controversial Corporate Governance Code issued by the FRCN.
He said the decision was to allow for a detailed review and extensive consultation with stakeholders as well as reconstitution of the board of the FRC.
“Government remains committed to restoring and enhancing market confidence and improving the Ease- of-Doing-Business in Nigeria,” he said in a statement by his Special Adviser on Strategic Communication, Ms Constance Ikokwu.

Enelamah added: “Government is committed to strengthening the FRCN and enhancing its capacity to fulfil its core mandate.”

FRCN is one of the parastatals under the supervision of the Ministry of Industry, Trade and Investment and it is responsible for setting and promoting compliance with standards for accounting, financial reporting and auditing in Nigeria.
It also regulates the practices of professionals involved in financial reporting and promotes good practices in financial reporting and corporate governance in Nigeria.

Obazee and Controversy with the Church

The recent resignation of Adeboye as the GO of the RCCG, Nigeria was a direct fallout of the implementation of the corporate governance code which limited the tenure of heads of non-governmental organisations, including churches. The suspension of the code may see Adeboye re-emerge the general overseer of the Nigerian establishment.
Only recently, Obazee had warned that religious bodies particularly churches which are currently registered with the Corporate Affairs Commission (CAC) as ‘Non-Profitable’ organisations might be stripped of that status and rather listed as profitable entities if they fail to make their financial transactions public.

He had further told THISDAY in an interview in Abuja that religious institutions currently objecting to making their financial conducts public were violating sections of the CAC Act, which they had signed at the point of registration that they would hold Annual General Meetings (AGM) and submit their financial conducts for public scrutiny.

But religious bodies feel it is wrong to be compelled to disclose their accounts publicly and are currently in court against the FRC to seek redress.
But Obazee had insisted that the churches do not have strong grounds not to make their financial statements public.

He said: “You have to render stewardship and that’s our major challenges with the churches. We are insisting that non-profit organisations should prepare their accounts and send to us and churches are in court fighting us.

“But we are wondering why ordinarily people who are teaching you how to account to God, how you run your life, are refusing to account to stakeholders how they managed funds that are received from people who believe in the objectives that they are pursuing.”

According to the FRC boss: “Government business is to protect its citizens and the same citizens are the ones putting money in all these non-profit organisations; so we want to know how accountable they are. And if they pursue non charitable activities like running schools, hospitals, airlines and all of that, we want them to account for those ones separately.”
According to him: “Organisations that are talking of not bringing their accounts now are churches-religious organisations; but they don’t really have a very strong platform to stand on-we will do one more workshop to educate them and then; we are government institutions-we will call on the corporate affairs commission to start delisting them.

“They are registered with the corporate affairs commission because if you are registered with the corporate affairs commission under part C as a non-for-profit organisations and you refuse to be accountable, because when they do their registration, they put within the registration document they give to CAC that they’ll be holding annual general meetings and presenting to their members audited financial statements.”

He said: “So if they refuse to prepare their accounts, and we lay this before the CAC, they’ll delist them and once they delist them, they cease to be non-for-profit, they become with profit and so every of their collections will now be subject to tax.”

  • lord vuga

    All these are mere speculations.Why do we like taking panadol for another man’s headache. The dude was sacked without a reason been stated. Why sensationalize it by claiming it is because of some code?
    Gej appointed him, which code were other GEJ appointees sacked for implementing? Folks should pleasr leave Adeboye out of this. His own is between him ànd God whom he’s answerable to.

  • SBtop

    at every angle of view, Obazee’s sack is a negative testimony to Nigeria as a nation corrosive to institutional growth. the longer it takes us to allow our institutions function as it should, the more we will continue to have padded govt

  • Bukola Ajisola

    RCCG can only get stronger by this event.Not many religious organizations are so privileged to have one of their founding fathers concatenate such a humble successional organogram.This affords the church the benefit of constructive disengagement of this priestly nonpareil and not his abrupt resignation.
    Semantics of titles attached to created offices must be insulated from stereotypical legal imprimatur,otherwise we run the risk of subjecting the church to the caprice of secular dictatorship.

  • Irele ati ITELORUN

    Why not write the Reformed Ogboni Fraternity, ROF, are they not registered? The chief Missioner of Anser Ur deen nko? They are registered too.
    I am in support of the minister, such matters need tact and buy in from all, good as the intention may be, we must be very careful knowing the make up of Nigeria.

  • Benny agafa

    @shehu, the point is that you did not know the difference between the two

  • “Unknown to many people, Obazee had the ambition of becoming the governor of the CBN, a position he was said to have lobbied for after the removal of Lamido. Sources said not even the appointment of Godwin Emefiele as the apex bank helmsman dampened his vaulting ambition as he was said to have gone to the extent of procuring negative reports to undermine the incumbent governor, hoping to benefit from Emefiele’s ouster”

    Is this news or hearsay ? Thisday please try to be objective in your reporting. No point making such careless accusations without verifying your facts.

    • lord vuga

      True talk jareee. Ameebo yan don become news . Poor dude i can only imagine him reading this and Shakin his and head wondering how much his detractors paid for this article.

    • “Korede

      You must be a politician. This is how they react to innocent action of an upright man.

  • Judith

    After reading this story, methinks Mr. President and his cabal are using this matter to further political ambitions for 2019…Christian vote still ‘important’. RCCG will always be an influential voting block so must not be offended. But the funny thing is it appears some people are crying more than the bereaved. Pastor Adeboye has so graciously stepped down and handed over the mantle of leadership in the full knowledge that he has an even greater calling, and that he doesn’t have to be GO to serve God with his heart. All other men of God should follow his expample. If there is a law or policy supporting the action of Obazee, the Bible even says ‘Give to Caesar what belongs to Caesar and to God what belongs to God’. Laws and ‘titles’ are for Caesar and undiluted, unconvoluted service to God belongs to God and He directs the footsteps of His own. There is no mistake with God that is why Pastor Adeboye’s feathers are not ruffled. Word of advice to politicians- KEEP RELIGION OUT OF POLITICS.

    • James Stone

      ” After reading this story, methinks Mr. President and his cabal are using
      this matter to further political ambitions for 2019…Christian vote
      still ‘important’ ” PLS DO NOT MAKE FALL DUE TO TOO MUCH LAUGHTER!

      • Judith

        Laughter is good! Just saying my own o!

      • “Korede

        This is not about christians votes. The action is condemnable if the man was sacked because of his implementation of a policy that was not made by him with the man being a christian himself. Only bigot person will see this as favour to either muslims or christians. It is deterrent to doing the right thing whenever you are in any position in government.

        I am not sure the man need christians vote. I am not sure he got many “christians” vote to win the last election. (Christian in quote because many of those who do not proclaim christianity are far better than them)

    • Ajayi Ifayemi

      Well, before Mr. President acted. other folks were already using it for political gains too. They claimed Mr. President was trying to oppress Christians and Christian organizations. WHy do you think that is? Precisely because Christian votes are important. So, it is not one sided. By the way, Muslim votes are important too. Everyone is important.

      • Judith

        The thing about THIS Mr. President is that he won on the platform of CHANGE. One would assume it is change for the better, not to keep the status quo. So if folks were doing it before him, he should CHANGE for the better. The votes- Mr. President doesn’t have to do much for the muslim vote, they ate his for the asking. Even if some don’t like him the Sultan and other religious leaders will instruct their people to vote for him- not so with the Christian south.

        • Ajayi Ifayemi

          It is not about him my sister. This problem is you and I, our people. It does not matter what Mr. President does, meanings will be read into it. For him, it is a case of you do you are darned and you don’t you are darned. This case is a perfect example. Before he acted people complained that he was against Christians. When he acted people now say he is pandering to Christians. We, the people, need to change our mindset. Right now we always look for the worst in others.

  • Bigtin

    Obazee the Man!

  • Chukwuemeka Mbagwu

    The Late Ken Saro-Wiwa said that injustice prowls the land like a tiger. He was correct. In Nigeria, you dare not step on the toes of the ‘big man’, if you, do the tiger (injustice) will consume you. The government needs to tell us the real reasons for sacking Jim Obazee, otherwise Nigerians cannot be blamed for speculating. The Secretary to the Federal Government, Babachir Lawal was accused of influencing the award of contracts to his company. Before then, the Chief of Army Staff, Lt. Gen. Tukur Burutai was also accused of buying houses worth millions of Nigeria in Dubai, nothing has happened to them, but the man who implemented the law (Obazee) was fired. There is God….OOO

    • Elere Samuel

      He defied the orders of his boss. Bros read more on it. I agree with you on the other issues though…

      • mark macoy

        They will never understand simple things but will come online to make stupid noise

  • Alhajivinco

    Glaring hypocrisy from Mr Buhari. I still don’t understand what Mr Obazee did wrong. A rule is a rule is a rule and what is good for the Goose is also good for the Gander because it applies to banks and other commercial organisations. Are our churches not commercial organisations? Don’t these pastors and imams wield immense power that should be curbed or limited from time to time? Are they held accountable y
    anyone? What is wrong to now begin to fashion rules that will make them accountable? Mr Obazee, though somewhat overzealous in a lot of the matters he has pursued, should be praised on this one, not vilified.

  • benedict chindi

    Taken in isolation, these financial disclosure rules are not wrong and are no different from regulations in the UK and some other countries to which our churches (with branches in these locations) are subject. Asides the fact that it is the duty of govt to protect citizens (as much as possible) from con artists (if u like), who may take advantage of religion and weak governance laws to fleece people, accountability should start from the church and God’s people in my opinion should welcome it. A culture of accountability (should it be the purpose of these regulations), would actually help the corruption fight more than catching thieves (which is equally good).

    As for the maximum tenure rules I’m sure there are arguments both for and against, but I know many churches already have these – one term of 10 years, two terms of 5 years each, 65 or 70 years age limit etc.

    The problem is that the public preaching bill in Kaduna, inaction on (maybe even criminal negligence of) the activities of Muslim herdsmen who have targeted mostly Christian farming communities in the North Central and South East, increased militancy of Muslim mobs who have attacked Christians without any visible repercussions (see incidents in Kano, Kubwa and Minna) and lopsided appointments into the security services have fed a narrative that this govt is biased against Christians.

  • “Korede

    If the man was sacked for implementing of the National Code of Corporate Governance for Not-for-Profit Organisations, then this is not fair and not a good decision at all. I am pretty sure the government cannot defend this action and that is why the reason is not given by Garba Sheu.

    Mr. Obazee is being made a scapegoat and the charlatans will not condemn this actions now for it aligns with their beliefs.

    This government got it all wrong for the timing shows that it is because of the implementation of the National Code of Corporate Governance for Not-for-Profit Organisations. No more No less.

    • tunaik

      He got sacked for gross indiscipline. Don’t read too much into what is not. If he wants others to be accountable, he has to be accountable too. You must do to others what you want them to do. His own gross disrespect for code of practice in the workplace as it relates to employee-manager’s is what has consumed him. Pure and simple.

      • iwe paul

        You must truly be infantile if you believe that is the sole reason why he was sacked,with all the possible reasons given in this report. The truth,my dear,we can truly never know. There is no doubt that the code of corporate governance allies broadly with the anti-corruption posture of this government. Why there is so much antipathy to it by the powers that be in Government presently points to the issues of religion and politics,a dangerous mixture which has obliterated Nations,and consumed millions of innocent lives over the years. I see absolutely nothing wrong with this code. It helps everyone who ever walks into a church,mosque or donates funds to a charity.

      • Pot and kettle

        The standard code of practice in the workplace requires the employee to obey and function according to extant operational guidelines. The employee is very much in order if he refuses to obey his manager’s instructions that run counter to those guidelines. That doesn’t constitute gross indiscipline.

      • “Korede

        Where did you get the reason for sack. I read that Garba Sheu did not give reasons why he was sacked. If he was sacked for different reasons, then once that is made public, there will be no debate on this again.

  • Hah!

    “that it was a matter of time before the code would be extended to other faith leaders like the Sultan of Sokoto, Alhaji Sa’ad Abubakar, who would have stepped down in 2026 as the President-General of Nigerian Supreme Council for Islamic Affairs, having mounted the saddle of leadership in 2006” this is just a cheap propaganda to whip up sentiment. Obazee might have been used by the same churches during the Sanusi saga and when it is now their turn they cry foul. What a funny country.

  • Pastor Stephen


    • Troy

      And you call yourself a Pastor yet you partake in this fraudulent scheme!!! May God have mercy on all of you. You bring shame to the Gospel. What value are you adding that you are promising N50k in 2days????? People are still trying to adjust to the reality of MMM and you are here deceiving folks. Jim Obazee should have come for you before his sack… my friend go get a real business to do and make money. Leave ponzi schemes …


    I remember when Pastor Matthew Oshimolowo had problems when he tried to act against a similar law in England. He later complied.

    Anyway, Nigeria still has a long way to go to catch up with the rest of the world in other more important areas of corporate governance and the non-profit organisations. The law was passed by our senate and even, had Jonathan refused to sign it into law, it would still have become law because if the senate insisted it would be passed after a number of attempts to get the President to sign it into law failed.

    Our President Buhari has acted correctly to bring calm back to our society on this matter. Over-zealousness is not called for in public office because there will be occasions to let things slide for the bigger prize of peace in the land and this matter is one of such.

    Kudos to PMB on this one!

    • “Korede

      Overzealousness you call this?

    • iwe paul

      What a preposterous and absurd response. What is the sense in what you just wrote? Please explain. You seem confused.

  • Omooba Adekunle Orafidiya

    Adeboye has been General Overseer of RCCG since 1981! Is it that there will only be a replacement for him when he dies? Why is it that many of us Nigerians are greedy, selfish and self-centred? This culture of monopolizing office by “Men of God” and politicians, denies the youth the opportunity to contribute their quota to the natiion. That’s why former Governors become Senators and people like Audu Ogbe who was a Minister when I was a Corper will still be in public office today. Obazee’s sacking by certificate forger and perjurer Muhammadu Buhari is not only senseless but also irresponsible. Buhari sacks Obaze for discharging the powers of his office but keeps thieves like his Chief of Staff and his SGF. Nonsense!

    • Elere Samuel

      The office of a Prophet have no tenure my broda. We claim to know too much in this country. Why is Kenneth Copeland still leading his ministry in America? Why did Kenneth Hagin led until his death? Why didn’t America remove Bishop T.D Jakes from his church? What of the renowned Evangelist Reinhard Bonkke? Bros, rethink your position.

      • Omooba Adekunle Orafidiya

        The fact that some American preachers sit tight doesn’t make it right. Adeboye, Oyedepo, Anslem Madubuiko, Tunde Bakare, Mike Okonkwo, Paul Adefarasin, Margaret Idahosa, Kumuyi, Mathew Ashimolowo, The Ezekiels, D.K Olukoya, Kris Okotie, etc. must ALL go.

        • Milito

          So what happens to the Sultan, and all the Amir Mumeens in Nigeria?

          • Omooba Adekunle Orafidiya

            Sultan is a monarch like the Obi of Onitsha or the Ooni of Ife. The law doesn’t affect him.

          • Milito

            You lied! he is the spiritual leader as well. Oya answer the part of the Amir Mumeens?

          • bigdaddy

            The sultanate is not a not for profit organization that solicits money from individuals like the pentecoastal churches. Just like you were educated it is like emirship, or Obi or Obaship.

          • Omooba Adekunle Orafidiya

            It is rude to posit that I lied. Nigerians should learn how to argue without insulting people.

          • Milito

            Okay , apologies for that ! But am still saying that he is primarily a spiritual as well as a communal leader. Please address my comments on other muslim spiritual leaders….

          • RICHARDSON

            No bros. You are wrong.

          • Ajayi Ifayemi

            It affects him, not as the Sultan, but as the head of all Nigerian Muslims.

          • Omooba Adekunle Orafidiya

            I take your point.

          • “Korede

            Who told you he is the head of all Nigerian Muslims?

          • Ajayi Ifayemi

            That is your own wahala, if you do not know. I do not have to be told. As far as I know, the Sultan is the head of Jama’atu Nasril Islam (JNI -Society for the Support of Islam), and he is the president-general of the Nigerian National Supreme Council for Islamic Affairs (NSCIA). I have also always known that the Sultan is considered the spiritual leader of all Nigerian Muslims. You can tell me your own story if you have any.

          • “Korede

            So he is the leader to the extent that he appoints the Imam for all Muslim community or what are you saying? What do you think regisration with CAC is meant for? Are you saying as part of regulating activities of the churches, they should not be concerned with who heads and how succession takes place there? I wish you best of luck in your endueavour. When some people says they want sharia,I am sure you are one of the people that kicked against it even if it was not implemented in your state.

          • Ajayi Ifayemi

            Yes, they cannot decide who leads the group. it is their business.

          • Ajayi Ifayemi

            You see the problem with you is that you do not know the kind of problems your idealistic view can cause. So when a Muslim head of state starts to decide who leads a Christian outfit or vice versa, do you know what can happen next?

          • “Korede

            This has nothng to do with a muslim president. The policy was in place before the present president. What do you have against limiting term for the leaders of non profit organisation? I know for Muslims, an Imam is selected from among the congregations though for a life term but can be reomoved if found wanting. He is not the sole owner of the community or the mosque. Moreso, there is no money there in the first place as members don’t pay 10%.

          • Ajayi Ifayemi

            I have a lot against limiting the term of Religious organizations by government. If the religious organization in their own constitution does not limit term then government has no business helping them to limit it. The Government of religious organizations is not a democracy. If the Pope rules for 30 years no one, and I repeat no one will go and tell him to handover unless it comes from his own heart. All these efforts to democratize religious organization leaderships are ill directed. They should spend their time on better things. By the way a Christian leader can also be removed if found wanting, but that is by the body itself. Government has no business doing it for them.

          • “Korede

            I now understand you. it means we need more of religious people in politics to prevent situation like this. They would have kicked against it from the scratch so that such policy will die at initiation and not at implementation as we are having it now. Me, I don’t care but the fact is that religion leaders everywhere even from history are always for a lifetime.

        • David

          On what grounds should they go Omooba Adekunle Orafidiya? Have they committed any crime or is it because of the hate inside you for prophets? Where in the bible does it say the prophet should be replaced so often? Please don’t get sidelined by the human form of government in democracy which in itself is not perfect. Don’t be a hater bro but do your research. Iran practices Theocracy, so also does the vatican, why didn’t you include them in your list? Be informed and don’t be ignorant.

          • Omooba Adekunle Orafidiya

            Only idiots use words like “ignorant’ when responding to others.

      • lord vuga

        These folks are the founders.

  • Shehu

    Mr Obazee should be commended for implementing the law or code that mandates NGOs and charitable organisations to publish their accounts.
    This is the way it is done in Europe. The organisations have to be accountable to their stake holders.
    The laws are not made for one individual.
    Enalamah and Osibanjo may have acted to please pastor Adeboye. But the law is the law. The govt canot undermine itself.
    Suspension of Mr Obazee without first repealing the law is he was enforcing is wrong in my opinion.
    This action will make other other govt agencies not to do their work.

    • Manuel Tobby

      It’s a code please. A government policy. Law is different totally

      • Shehu

        The code was established by law and it is therefore enforceable.
        Or what exaclty is your point(

        • What law established the code? Codes are a set of in-house rules for the purpose of smooth running of the house. The FRCN had been running since 2011 without a functional board. Little wonder, Mr. Obazee was running a key institution like this one unilaterally.
          Lastly, how comes he just woke up from his deep slumber when pastor Adeboye and others like Oritsejeafor had been at the helm of affairs for close to 30years? Is it not trite in law that for every general rule there’s an exception? If your boss says hold on twice and you refuse to obey; what next?

          • iwe paul

            He didn’t just wake up,stop being sarcastic. When did he become executive secretary of FRCN,and when was the code propounded? It’s not difficult to find out before vituperating incomprehensibles

          • Ajayi Ifayemi

            He became Executive Secretary in 2011. The Act was passed in 2011.

          • iwe paul

            And when did the code emanate?


        Thank you

    • Ajayi Ifayemi

      And Obazee may have acted out his animosity against Adeboye, because he is also an RCCG pastor. If he wants to replace Adeboye he should have gone through their council. He committed a bug foul this time.

      • iwe paul

        That is totally within the realm of speculation,probably yours. No evidence of any substance to that effect

        • Ajayi Ifayemi

          Of course! Among many other speculations that are out there. It is a stupid game we are all playing. We all need to stop.

  • sunday government

    Obaze was bold to have confronted the ‘sole proprietorship’ churches and he paid for it. The Baptist, Anglican, Methodist, Catholic and a few other churches have no problem with the Code in terms of financial accountability. I know that at the Annual Convention of the Nigerian Baptist Convention which is like the AGM, the financial records of the Church is laid before it. If churches engage in activities that are not clearly ecclesiastic, shouldn’t they pay tax? The only part of the Code that I have problem with is the one to do with tenor. Financial accountability should be enforced. Church GO should not be members of the Board of Trustees as well as their immediate and extended families. The unfortunate thing in Nigeria is thatmost of these pentecostal churches have become channels for the enrichment of the GOs and their families. We need to look into this even without Obaze. Do we screen the Mosques as well?

    • “Korede

      For your information, the mosques do not have money as there is no 10% contribution there. The little funds available to the management of the mosques are from few individuals or some external funds from the Islamic countries and organisations outside the country Nigeria.

      • Actually, people are responding as if the rule applies to Churches only. It is a rule that also applies to registered mosques and other religious organizations NSCIA, ECK etc. I like the rule on financial accountability but but the other aspect that deals with tenure and family needed to be refined. Those bringing the Sultan into it were just being mischievous because the NSCIA which he heads, also falls into the category affected and I want to believe they have their internal rules on succession which you cannot legislate about just like in the Catholic, Anglican, Methodist, etc. The problem is more in the Pentecostal group, other mushroom islamic organizations and NGOs that people are using to fleece others.

        • Ajayi Ifayemi

          The pentecostal groups have their internal rules too. Even with the mushroom groups, government has no business deciding who leads. Leave it to them. If this rule is forced on some groups, you will see how they will scatter just like that. is that what the government wants, to scatter the mushroom groups?

      • Ajayi Ifayemi

        It is not a matter of money. It is a matter of who is at the helm and for how long. I personally will not argue with the provision that NPOs give accounts of their financial stewardship. That happens all over the world, but government should not dictate who is at the helm of spiritual organizations.

        • “Korede

          Tell me they are traditional posts like the OBAs, EMIRs and OBI’s. Those are not registered with CAC and they have tenures that are equivalent to their years on the surface of the earth. For as long as they are registered as non profit organisation, there should exist a term and limitation to monarchical succession.

          • Ajayi Ifayemi

            No sire. Registration with CAC is what government wants. Left for Churches they will not register with anyone. Government cannot now use the requirement for registration to determine who leads me in my spiritual endeavor. No, please, government has absolutely no business with that. Very soon, they will start appointing the leader too. Religious matters are no ordinary matters. For nonbelievers they think you can just do anything. For believers it is a matter of life and death. See what happened in Kaduna state with the choice of a prayer leader, for a mosque, that the people do not want. This is not a joking matter and Obazee obviously could not understand this, in spite of being a pastor.

          • “Korede

            I now understand where you are coming from. The religion practise in Nigeria should not be regulated. You people should continue. I am sure by the time Nigeria is good enough for people not to look for spiritual assistance here and there, I am imagining how many you will be seeing in those churches.

          • Ajayi Ifayemi

            That is your take, not mine. Read my submissions and you will see where I said regulating the financial reporting is fine with me. But no matter how you want it you cannot dictate who leads a religious group to the adherents.

          • austin

            Or government would start enforcing mergers and acquisitions or raising the minimum capital base.

    • EzekielIwa

      You spoke my mind. In line with best practice all over the world, everything in the FRC Code as presented for Non-Profit Org were on point except for the TENOR and this can easily be resolved had it been Mr Obaze respected higher authority i.e. the Minister of trade etal – Enelamah. Respect for Individual is KEY especially when working in Government Institutions. It’s well. More info to come soon

      • Ajayi Ifayemi

        I think it is the tenure thing that Mr. Obaze most urgently wanted to implement, unfortunately. His animosity was towards the RCCG where he himself was a pastor.

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